A company or individual contracted to manage short-term rental properties on behalf of the owner, handling tasks like listing optimization, guest communication, cleaning, and maintenance.
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A permit issued by some local governments that allows homeowners to rent out their property for short periods, typically less than 30…
Tools that use algorithms and market data to dynamically adjust rental prices for maximum revenue, considering factors like seasonality, demand, and competition.
A pricing strategy that adjusts short-term rental rates in real-time based on factors like demand, seasonality, and competitor pricing.
The idea that 80% of the insights from guest reviews often come from 20% of the feedback, highlighting key areas for improvement.